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Aged Care Facility Business for Sale Taranaki

Taranaki, ID 163555

Aged Care Facility Business for Sale Taranaki 1
Aged Care Facility Business for Sale Taranaki 1
Asking price:
NZD $3 700 000
Owner
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Description

This purpose-built aged care facility is situated in a highly desirable Taranaki town, offering an attractive entry point for a new operator or an existing provider looking to expand their portfolio. The grounds are extensive, landscaped with mature trees that create a pleasant and serene environment. The facility provides Rest Home and Dementia-level care, with potential to convert some rest home beds into Dual Purpose Beds, allowing a mix of hospital and rest home services to increase trading surplus and EBITDAR. Staffing includes an experienced manager (registered nurse), assistant manager, casual RN, healthcare assistants, and administrative personnel, providing strong operational support. Currently operating below full occupancy, the facility’s 2025 annual profit is not reflective of its capacity. Estimated gross trading income is $2,087,274 with an EBITDAR of $199,344, compared with $663,718 EBITDAR reported in 2023. Consultant recommendations to improve occupancy are being implemented, showing positive results. Opportunities for growth include increasing occupancy above 90%, achieving Ministry of Health requirements for a Hospital Licence, and potential future development of surplus land, subject to council approval.

Details

Real Estate: Real Estate Included
Asking price: 3 700 000 nzd

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